Resolution criteria: Resolves YES if either of the following conditions are met by January 1, 2100:

1. No successor class: At least 4 of 5 nations (US, UK, France, China, Russia) have not laid down the keel of a successor-class SSBN beyond their current next-generation program — Columbia (US), Dreadnought (UK), SNLE 3G (France), Type 096 (China), or post-Borei (Russia).

2. Fleet drawdown: At least 4 of 5 of those same nations maintain 2 or fewer SSBNs simultaneously, as reported by credible open-source intelligence or official disclosures (e.g., IISS Military Balance, SIPRI, Congressional Research Service equivalents).

Resolves NO otherwise at market close.